Liberal group pushes for $382 billion stimulus

A liberal think tank is calling on Congress to embrace a $382 billion stimulus plan to lower unemployment.

The call from the liberal Demos group comes as the White House and congressional Democrats and Republicans argue over how greatly to cut this year's spending. House Republicans have proposed a total of $61 billion in cuts this year, while the White House has agreed to a total of $10.5 billion in cuts.

Officials with Demos told reporters on a conference call that their new stimulus plan would create 8.2 million government jobs over two years while lowering unemployment from 8.9 percent to 4.5 percent.